Access Bank (Ghana) Plc has appointed Mr. Olumide Olatunji as its new Managing Director, effective December 5, 2018.

He replaces Mr. Ifeanyi Njoku who has now taken up a new role within the Access Bank Group to support the bank’s expansion drive in line with its new five-year strategic growth plan.

His appointment follows the successful nomination and regulatory approval received from both the Board of Directors and the Bank of Ghana respectively.

As an experienced banker with an enviable track record of more than 20 years, Olumide will drive the continuation of the bank’s corporate strategy of becoming one of Ghana’s leading banks by 2022, building on his commendable contribution to the bank’s business over the years.

Until his appointment, Mr. Olatunji led the bank’s entire commercial banking business in Lagos, Nigeria where he provided strong leadership in building and overseeing key strategic relationships for business success and growth.

He also served as a Subsidiary Director of Access Bank in Rwanda and the Democratic Republic of Congo.

Commenting on the appointment, the Board Chairman of Access Bank (Ghana), Mr. Frank Beecham in a statement issued by the bank said, “We warmly welcome Olumide and look forward to providing him with full support from the board. He brings with him excellent leadership qualities, breadth of knowledge and deep insights of the sub-region, which will be useful in driving the growth of the Ghana business.”

Mr. Beecham also took the opportunity to thank Mr. Njoku for his tenure as Managing Director. Welcoming the news, Mr. Olatunji expressed appreciation to the board and other stakeholders of the bank.

The bank in Ghana is a subsidiary of Access Bank Plc, which ranks among the top three banks in Nigeria and top 20 in Africa by assets and capital.